No bubble like situation in real estate sector: Assocham

Profitability of realty majors declined by 56% in the first half of 2009-10, which
contradicts concerns over formation of a housing bubble in the country.

Unitech may sell tower-making business: Report

Real estate developer Unitech Ltd is trying to sell its telecom tower-making business for up to Rs 7.5 billion (USD 157.6 million) as part of its deleveraging initiatives, the Daily News & Analysis said on Tuesday.